Morgan Stanley & Co. International plc has disclosed its dealings with Barratt Developments Plc in a recent public dealing disclosure. The transactions include purchases and sales of Barratt's 10p ordinary shares, with the highest price per unit paid at 5.1160 GBP and the lowest at 5.0080 GBP. Additionally, there were cash-settled derivative transactions involving increasing and reducing long and short positions, with various quantities and prices per unit.
The disclosure provides insight into the recent trading activities involving Barratt Developments Plc's securities by Morgan Stanley & Co. International plc. The details include the number of securities involved, the highest and lowest prices per unit paid or received, and the nature of the dealing, such as opening or closing long or short positions in cash-settled derivative transactions.
These transactions are part of Morgan Stanley & Co. International plc's activities as an exempt principal trader with recognized intermediary status dealing in a client-serving capacity. The disclosure is in accordance with Rule 8.5 of the Takeover Code and provides specific information about the dealings undertaken, including the date, quantities, prices, and nature of the transactions.
The disclosed dealings shed light on the recent trading dynamics involving Barratt Developments Plc's securities and provide valuable information for investors and market observers. The details offer transparency regarding the trading activities and the positions taken by Morgan Stanley & Co. International plc in relation to Barratt Developments Plc's securities, contributing to a comprehensive understanding of the market dynamics.